Question: Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5. Use the actual value in Period 1

Given the following demand data, compute a simple exponential smoothing forecast for alpha values of 0.2 and 0.5. Use the actual value in Period 1 as your starting forecast in Period 2. (Round all answers to two decimal places. Use these rounded answers when computing subsequent answers.) Period Actual Demand 1 HOCO AWNI 2 3 HF 4 5 6 7 8 9 10 11 Period 1 2 3 45 6 7 8 9 10 11 12 *** *** 10 10 58 60 58 61 65566555 58 59 60 60 57 58 18 57 = 0.2 Forecast ** a=0.5 Forecast

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